Morning Market Losers

NVE Corp NVEC shares fell 14.23 percent to $67.29. NVE reported FQ1 profit of $3.8 million on revenue of $8.3 million. Del Frisco's Restaurant Group Inc DFRG declined 12.24 percent to $15.10. Del Frisco's Restaurant reported Q2 adjusted earnings of $0.16 per share on revenue of $73.8 million. LaSalle Hotel Properties LHO dropped 8.28 percent to $34.65 on Q2 results. Select Comfort Corp. SCSS shares fell 8.29 percent to $26.22. Select Comfort reported Q2 earnings of $0.21 per share on revenue of $275 million. Marcus Corp MCS dipped 7.61 percent to $18.45 after the company reported weaker-than-expected Q4 earnings. Superior Uniform Group Inc SGC declined 6.98 percent to $17.46 after the company reported Q2 results. Shire PLC (ADR) SHPG shares dropped 3.42 percent to $250.59 after the company reported downbeat Q2 earnings. QUALCOMM, Inc. QCOM shares fell 2.98 percent to $62.28. QUALCOMM reported better-than-expected earnings for its fiscal third quarter. However, the company lowered its FY15 forecast. The company announced its plans to lower spending by around $1.4 billion and reduce its workforce by 15 percent. The company also reported that will review structural alternatives, including break-up of the company. Seagate Technology PLC STX shares declined 2.63 percent to $47.77. Analysts at Morgan Stanley downgraded Seagate from Overweight to Underweight and lowered the target price from $49 to $34. 3M Co MMM dropped 2.77 percent to $151.10. 3M reported better-than-expected earnings for the second quarter, but the company's revenue missed analysts' estimates.
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